PARTNERS V
savannah crossings
The property consists of two multi-tenant retail buildings 100% occupied, 14,787 square feet located in Aurora, Illinois. The buildings are fully leased to national and local tenants including: Starbucks with a drive-thru, Chipotle, GameStop, The UPS Store, Great Clips, L.A. Tan, T-Mobile, among others.
Savannah Crossings is situated along one of the busiest commercial thoroughfares in the market providing excellent access and visibility to the shopping center. This location benefits from a population of over 52,000 residents with an average household income of $96,000 within a three-mile radius.
Highlights:
Purchase Price: $5,575,000
Acquisition Cap Rate: 7.6%
Stabilized NOI: $423,749
Total Equity Raise: $2,300,000
Year One Cash-on-Cash Return: 9.02%
Hold Period: 5 - 7 Years
Subscription Period: October 2015
Minimum Initial Investment: $25,000
Savannah Crossings is situated along one of the busiest commercial thoroughfares in the market providing excellent access and visibility to the shopping center. This location benefits from a population of over 52,000 residents with an average household income of $96,000 within a three-mile radius.
Highlights:
Purchase Price: $5,575,000
Acquisition Cap Rate: 7.6%
Stabilized NOI: $423,749
Total Equity Raise: $2,300,000
Year One Cash-on-Cash Return: 9.02%
Hold Period: 5 - 7 Years
Subscription Period: October 2015
Minimum Initial Investment: $25,000
